Current Affairs APP

Current Affairs 28 June 2022

We are here for you to provide the important Recent and Latest Current Affairs 28 June 2022, which have unique updates of Latest Current Affairs 2022 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

Our Current Affairs June 2022 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Latest Current Affairs Quiz and Monthly Current Affairs 2022 PDF which will be a pedestrian to crack your exams.

Read Current Affairs in CareersCloud APP, Course Name –  Learn Current Affairs – Free Course – Click Here to Download the APP
We are Hiring – Subject Matter Expert | CA Video Creator | Content Developers(Pondicherry)

Click here for Current Affairs 26 & 27 June 2022

NATIONAL AFFAIRS

7th Anniversary of Pradhan Mantri Awas Yojana-Urban celebrated by MoHUAi.On June 24, 2022, the Ministry of Housing and Urban Affairs (MoHUA) organised a virtual event to celebrate 7 years of Pradhan Mantri Awas Yojana-Urban (PMAY-U) to highlight the important initiatives implemented under PMAY-U Mission. The event was presided by Shri Manoj Joshi, Secretary, MoHUA.
ii.Launched by the Prime Minister (PM) of India Narendra Modi on 25th June 2015, it is one of the largest urban housing programmes in the world.
iii.An e-Book ‘7 years of PMAY(U) 2015-2022’ was released by Secretary, MoHUA which is a compendium encapsulating the evolution and achievements of PMAY(U). It can accessed at https://pmay-urban.gov.in/uploads/anniversary/7_Years_of_PMAYU.pdf
iv.The winners of Khushiyon Ka Aashiyana Short Film Contest were also declared.
About Ministry of Housing and Urban Affairs (MoHUA):
Union Minister– Hardeep Singh Puri (Rajya Sabha- Uttar Pradesh)
Minister of State– Kaushal Kishore (Constituency- Mohanlalganj, Uttar Pradesh)
>> Read Full News

Swachh Bharat Mission- Urban 2.0 launches Revised Swachh Certification ProtocolsSwachh Bharat Mission (SBM)-Urban 2.0, which is being implemented by the Ministry of Housing and Urban Affairs (MoHUA), has launched the Revised Swachh Certification Protocols for ODF (Open Defecation Free), ODF+, ODF++, and Water+ certifications.

  • The launch event for the same was held at Nirman Bhavan, New Delhi (Delhi) which was chaired by Manoj Joshi, Secretary, Ministry of Housing and Urban Affairs (MoHUA),
  • The revised protocols are aligned with the objectives of SBM-2.0.

Key Points:
i.New protocols are designed to ensure that no untreated used water or faecal sludge is discharged into the environment and all used water, including sewerage and septage, grey water and black water, is safely contained, transported and treated, along with maximum reuse of treated used water in all cities with less than one lakh population.
ii.It is also aimed at sustaining ODF status in all statutory towns.
iii.The revamped protocol contains provisions to encourage cities to have robust infrastructure with reliable operation and maintenance (O&M) mechanism to achieve the goal of a clean urban India.
Key interventions against each certification are:
ODF – Robust monitoring mechanism ensured by increasing the number of survey sample size and location types.
ODF+ – Innovative O&M business mechanism
ODF++ – Emphasis on mechanized cleaning of septic tanks and sewers. Safe collection & treatment of used water as well as safe management of faecal sludge.
Water+ – The focus is on collection, transportation, treatment, and reuse of both used water and faecal sludge to prevent environmental pollution.
The launch event was followed by the third episode of SwachhTalks, namely ‘Swachh Certifications: The Face of Urban Transformation’, the SBM’s flagship initiative to promote peer learning of Cities and States.The first episode of SwachhTalks was ‘SafaiMitraSuraksha’ and the second episode was ‘Swachhata Ki Jyot’.

Swachh Bharat Mission (Urban)
The government launched Swachh Bharat Mission (Urban) on October 2, 2014.The Swachh Bharat Mission (Urban) had two primary components of implementation:

  • 1) Achieving 100 per cent open defecation-free (ODF) status.
  • 2) 100 per cent scientific processing of solid waste.

SBM-U 2.0 was launched by PM Narendra Modi on October 1, 2021.Its key focus will be on sustaining the sanitation and solid waste management outcomes achieved and accelerating the momentum generated, thus achieving the Mission’s vision of a “Garbage-Free” Urban India.

Tata Power Solar Commissions India’s Largest Floating Solar Power Project in Kerala

Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, has commissioned India’s largest floating solar power project in Kayamkulam, Kerala on a 350-acre water body, backwaters area with an installed capacity of 101.6 Megawatt (MW) Peak.

  • This project is the first one in the Floating Solar Photovoltaic (FSPV) through Power Purchase Agreement category.
  • This plant boasts a floating inverter platform having a 5 Megawatt (MW) capacity.

Key Highlights:
i.The installation and commissioning of the solar plant have been the fastest in the FSPV category, with a Commercial Operation Date (CoD) certification.
ii.The entire project floats on the waterbed of Kerala backwater using 134 cast pile foundations that are bored to a depth of 20 metres underwater to support the Central Monitoring and Control Stations (CMCS) and the 33/220 kilovolts switchyard.
iii.The solar panel modules had to be towed for 3 kilometres on a 15 metres deep National waterway, exposing the solar modules to high winds and tides reaching upto 3.5 metres height.

  • Tata Power Solar’s execution team successfully synchronised the 33/220 Kilovolts Air Insulated Substation (AIS) with 220 Kilovolts existing Gas Insulated Substation (GIS) for operationalization.
  • A power purchase agreement has been signed with a PSU client, wherein the entire power generated from this plant will be used by Kerala State Electricity Board (KSEB).

About Tata Power Solar:
President, CEO – Ashish Khanna
Headquarters – Mumbai, Maharashtra

Govt extends GST compensation levy till March 2026
The Ministry of Finance has extended the period for levy and collection of cess under sub-section (1) of Section 8 of the Goods and Services Tax (Compensation to States) Act, 2017 under 28% slab by nearly 4 years from July 1, 2022 to March 31, 2026.
These rules may be called the Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022.

  • It will enable states/UTs (Union Territories) to repay the loans they had taken in the past two years.
  • This extension was made on the recommendation of the GST Council as many states incurred losses in the past two years during Covid pandemic.

Key Points:
i.The compensation cess, levied on luxury and demerit goods, will continue to be collected till March 2026 to repay the borrowings that were done in 2020-21 and 2021-22 to compensate states for GST revenue loss.
ii.Cess is levied on certain goods such as fossil fuel-based automobiles which fall into the category of 28% and collected in a fund called compensation fund.
iii.As per Section 18 of the Constitution (101st) Act, 2016, Parliament,on the recommendation of the GST Council, provide compensation to States for loss of revenue arising on account of implementation of the goods and services tax for a period of five years from the date of its implementation.
iv.The revenue from the GST compensation cess is used by the central government to pay for the borrowings and arrears of compensation paid to states in the last two financial years.

  • The Central government has borrowed and released Rs 1.1 lakh crore in FY21 and Rs 1.59 lakh crore in FY22.

Agnipath Scheme: Govt Increased Upper Age Limit to 23 years; Defence Minister approves 10% reservation of jobs for Agniveers

Amid the protest against Agnipath Scheme(to recruit soldiers only for 4 years), The government of India(GoI) has granted a one-time waiver for the proposed recruitment cycle for 2022 and increased the upper age limit for the recruitment process for Agnipath Scheme for 2022 from 21 years to 23 years. 

  • Previously, on the commencement of the scheme the entry age for all new recruits has been fixed as 17 and half to 21 years of age. 

Defence Minister Rajnath Singh has approved the proposal for 10% reservation in job vacancies in Ministry of Defence for Agniveers meeting requisite eligibility criteria.

  • The 10% reservation will be implemented in the Indian Coast Guard(ICG) and defence civilian posts, and all the 16 Defence Public Sector Undertakings(PSUs). This reservation would be in addition to existing reservation for ex-servicemen.
  • Up to 25 percent of the Agvineers will be retained while the rest will let go with a severance package at the end of their service.

INTERNATIONAL AFFAIRS

Two African Nations Gabon & Togo Join the Commonwealth Group of NationsThe two African countries, Gabon and Togo, were admitted to the Commonwealth of Nations, as its 55th and 56th members, respectively, at the Commonwealth Heads of Government Meeting (CHOGM) 2022, held in Kigali, the capital of Rwanda, from June 20 to June 25, 2022, under the new chairmanship of Rwandan President Paul Kagame.

  • Gabon and Togo were historically French colonies which have never been British colonies.
  • Rwanda was the last country to join the Commonwealth in 2009.

Like Mozambique, a former Portuguese colony that joined the Commonwealth in 1995 and became the first member without historic links to Britain, Rwanda was never colonised by the British.

New Members Gabon and Togo
i. The formal Commonwealth membership procedure for Gabon, a Central African nation, began in 2017, while that for Togo, a West African nation, started in 2014.

  • Gabon, is bordered by the Republic of Congo, Equatorial Guinea, and Cameroon, which is also a Commonwealth member. It has a thin population of 2 million.
  • Togo is bordered by Ghana, a Commonwealth member as well as Benin and Burkina Faso. It has a population of approximately 7.8 million people.

Commonwealth Heads of Government Meeting (CHOGM) 2022

26th Commonwealth Heads of Government Meeting(CHOGM 2022) was held under the theme: “Delivering a Common Future: Connecting, Innovating, Transforming”.

  • It has raised more than USD 4 billion in pledges for the battle against malaria and other tropical diseases.
  • There have been 24 CHOGMs since 1971, with the most recent one taking place in the United Kingdom (UK) in 2018.

About The Commonwealth
In 1949, the Commonwealth was founded as an association of eight former British colonies. Queen Elizabeth II of the United Kingdom (UK) serves as its titular head.

  • It is a voluntary association of 56 independent, equal nations from Africa, Asia, the Americas, Europe, and the Pacific.
  • Commonwealth Secretary-General – Rt Hon Patricia Scotland.

About Gabon:
Capital
– Libreville
Currency– Central African CFA franc
About Togo:
Capital– Lomé
Currency– West African CFA franc

BANKING & FINANCE

SEBI gives UPI payment option to Invest in Public Issues of REITs, InvITs; Imposes Rs 30 lakh fine on RIL & 2 of its Compliance OfficersThe Securities and Exchange Board of India (SEBI) provided an additional payment option of Unified Payments Interface (UPI) to retail investors to apply in the public issue of units of Infrastructure Investment Trust (InvIT) and Real Estate Investment Trust (REIT) for application value up to Rs 5 lakh w.e.f. August 1, 2022.

  •         For InvITs, this decision has been taken in exercise of the powers conferred under Regulation 14 (6) and 33 of SEBI (InvIT)  Regulations,  2014 and Section 11(1) of the SEBI Act, 1992.
  •         For REIT, this decision has been taken in exercise of the powers conferred under Regulation 14(24) and 33 of SEBI (REIT) Regulations, 2014 and Section 11(1) of the SEBI Act, 1992.

REIT comprises a portfolio of commercial real assets, while InvITs comprise a portfolio of infrastructure assets, such as highways and power transmission assets.
Reasons behind Additional Payment Option:
i.To protect the interest of investors insecurities
ii.To promote the development of securities markets
iii.To regulate the securities markets
For InvITs: Click Here for Official Notification
For REIT: Click Here for Official Notification
Key Points:
i.The provisions of this above SEBI decision will be applicable to a public issue of units of InvIT and REIT under the SEBI  (InvIT)  Regulations,  2014, SEBI  (REIT)  Regulations respectively.
ii.Stock Exchanges, Depositories, NPCI (National Payments Corporation of India),  Sponsor  Banks  and  Self  Certified  Syndicate  Banks are required to make relevant changes.
iii.In January 2019, SEBI laid down the process for payment for applications in the public issue of units of these new investment instruments through the facility of Applications Supported by Blocked Amount (ASBA).
iv.In April 2022, SEBI has reduced the time taken for allotment and listing of REITs and InvITs after the closure of issue 6 working days, against the current requirement 12 working days w.e.f. June 1, 2022.
SEBI imposes Rs 30 lakh fine on RIL and 2 of its Compliance Officers
SEBI has imposed a penalty of Rs 30 lakh on Reliance Industries Limited (RIL) and two of its compliance officers, Savithri Parekh and K Sethuraman, for not promptly disclosing the stake sales in its subsidiary company, Jio Platforms to Facebook, Silver Lake and Vista Equity Partners in 2020.

  •         The fine needs to be paid jointly and severally by them within 45 days.

Reason:
They violated the provisions of principles of fair disclosure for purposes of the code of practices and procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) under LODR (Listing Obligations and Disclosure Requirements)   Regulations.

RBI Approves SBI’s Establishment of an Operations Support SubsidiaryThe State Bank of India (SBI), the largest bank in India, has received an in-principle approval from the Reserve Bank of India (RBI) for the establishment of an operations support subsidiary with the objective of lowering the cost-to-income ratio.

  • The subsidiary would primarily focus on offering support services for agriculture, Micro, Small, and Medium Enterprises (MSMEs), other microloans, data entry operations, and other activities that can be carried out as permitted for business correspondents, among others.

SBI will shortly undertake a pilot run of its proposed subsidiary in a few regions, and once the results are in, it will be rolled out across India.
About The Proposed Operations Support Subsidiary Of SBI:
i.The proposed subsidiary would undertake routine jobs, and its structure will include more technology and some people.
ii.According to the directions issued by the RBI, core functions such as the loan sanctioning process will remain within the bank since they can be outsourced.
iii. SBI will be able to harness its high-cost workforce for more productive services, and considering its scale and size, its subsidiary will be significantly bigger and include more functions.
iv.While the strategy of handling the bank’s non-core functions is popular among commercial banks, it is not often used by public sector lenders.

  • The Bank of Baroda (BoB) was the first public sector bank to implement a similar operations support strategy.

v.In January 2022, SBI began the process of hiring a consultant to set up an operations support subsidiary.
Key Facts:
i.SBI’s cost-to-income ratio increased by 240 basis points to 53.3 % in the Financial Year 2021–2022 (FY22) from FY19 levels.

  • Whereas, the top three private banks’ cost-to-income ratios, which range from 35% -40%, are far lower than SBI’s.

ii.As a result, the subsidiary designed to increase operating efficiency can eventually help SBI, in greatly enhancing its profitability.

  • SBI’s cost-to-income ratio dropped from 55.7 % in 2018–19 and 53.5 % in 2020–21 to 53.1 % in 2021–22 as a result of its continued effort to improve cost effectiveness.

iii. In FY22, SBI’s net interest margin stood at 3.15%, while the average for private banks topped 4% in FY22.

IRDAI reduced Solvency Margin Requirement for General Insurers Doing Crop Business

Insurance Regulatory and Development Authority of India(IRDAI) has reduced the solvency margin requirement for general insurers doing crop business. This decision frees up a capital of Rs 1400 crore which will increase the capacity of general insurers to underwrite more business.

  • This decision is part of a series of reforms it has undertaken to increase insurance penetration in the country.
  • IRDAI has been relaxing the period of admissibility of premiums due from state governments for solvency purposes from 180 days to 365 days since 2017-18.
  • It has decided to extend this relaxation from FY23 onwards until further orders.It has also reduced the capital required to be held by insurance companies offering policies under Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) by almost 50 per cent to enable insurers to offer more policies under the scheme.
  • IRDAI has notified that premium receivables related to state- and central government-sponsored schemes for all quarters of the FY23 and onward to the extent that they are not realised within a period of 365 days will be placed with value zero.

Bajaj Finance & Worldline India Partners for POS Payments

Bajaj Finance Limited(BFL), a part of Bajaj Finserv Limited, has partnered with Worldline, a global leader in payment services, to develop Point-Of-Sales (POS) payments acquiring solutions for its merchant network. BFL and Worldline India Private Limited, a wholly-owned subsidiary of Worldline, have partnered to provide customers and merchants partners with an integrated payment solution.

  • Under this partnership, BFL aims to enhance its relationship with both existing and new networks of merchant partners by providing POS terminals and enabling them to accept a wide range of payment instruments(credit cards, EMI Cards, UPI and wallets) on those terminals.
  • Worldline India is a partner of more than 40 banks and 5000 clients comprising leading insurance players, e-commerce players, and Direct-to-consumer(D2C) players across sectors.

CRISIL report: India’s Data Centre capacity to double to 1700-1800 MW by FY25 

According to a report by CRISIL (an Indian analytical company), the data centre capacity in India is expected to double to about 1,700-1,800 megawatt (MW) by fiscal 2025 from 870 MW in fiscal 2022.
The increase in capacity addition will require an investment of more than Rs 40000 crore.
The report states that the increase in data centre capacity is powered by the data boom, digital adoption and local data storage mandates.

  • The government norms on data localisation, seeking storage of sensitive data within the country.
  • Of the Rs 40,000 crore odd investments, a third will be to acquire land, a fifth for substations, and the balance for civil work, purchase of equipment and fit-outs.
  • The data centres will focus on optimum mix of grid power and renewables, since electricity accounts to 45-50% of the operating expences of the data centres.
  • The share of renewables in data centre power consumption is expected to increase to ~35-40% by fiscal 2025 from less than 15% in fiscal 2022.

AWARDS & RECOGNITIONS

Khushi Patel from United Kingdom Wins Miss India Worldwide 2022According to the New-York based India Festival Committee (IFC),  Khushi Patel, a biomedical student from the United Kingdom (UK), has been declared the winner of the Miss India Worldwide 2022, the longest-running Indian pageant outside of India.
This is the 29th edition of the pageant. The previous event (28th edition) was held in 2019.

  • Vaidehi Dongre from the United States was declared the 1st runner up while Shrutika Mane became the 2nd runner up.
  • The top 12 contestants at the pageant were the winners of various other contests globally.
  • 2022’s pageant was held after 3 years with the last one being organised at the Leela Hotel in Mumbai, Maharashtra in September 2019.

Other winners:
Roshani Razack from Guyana was declared Miss Teen India Worldwide 2022.

  • Navya Paingol from the US was the 1st runner up, while Chiquita Malaha from Suriname was the 2nd runner up.

About India Festival Committee (IFC):
Founder & Chairman – Dharmatma Saran
Headquarters – New York, US

APPOINTMENTS & RESIGNATIONS

Mohammed Jalood became New President of the International Weightlifting Federation
The International Weightlifting Federation (IWF) has elected Mohammed Hasan Jalood from Iraq as its new president at the 2022 IWF Special and Electoral Congress in Tirana, Albania.He is also the first Asian who became president in International Weightlifting Federation.He succeeds out-going Interim President Dr. Michael Irani.

  • Mohammed Jalood was a former weightlifter and also holds citizenship status in Kazakhstan and also a former general secretary of the Asian Weightlifting Federation.

i.Ursula Garza Papandrea from America became the first female vice president of the IWF. The American is a former two-time national champion and is the first and only woman to attain USA Weightlilfting’s highest coaching level.
ii.José Quinones of Peru was elected General Secretary Treasurer.
iii.Pyrros Dimas of Greece, Petr Krol of the Czech Republic, Doris Travieso of Venezuela and former IWF director general Attila Adamfi of Hungary are four other vice presidents who will serve under Papandrea.
International Weightlifting Federation(IWF):-
Founded in – 1905
Headquarters – Lausanne, Switzerland
Note – In response to the 2022 Russian invasion of Ukraine, the IWF suspended athletes, coaches, and support personnel from Russia and Belarus on March 3, 2022, and banned Russia from hosting any IWF competitions.

 Nitin Gupta named as New CBDT chairman; Tapan Kumar Deka is a New IB Chief; Shyam Saran is IIC’s New PresidentA Committee of Secretaries has selected Nitin Gupta, a 1986 batch IRS officer, as a new Chairman of the Central Board of Direct Taxes (CBDT), an apex body of the Income Tax Department.
Special Director in the Intelligence Bureau (IB) Tapan Deka has been appointed the new chief of the IB, central intelligence agency.

  • Samant Kumar Goel, current chief of Research and Analysis Wing (R&AW), has been given an extension of one year in his tenure which comes to an end on 30th June 2022.
  • Former Punjab Director General of Police (DGP) Dinkar Gupta has been appointed as the new chief of the National Investigation Agency (NIA) and Special Director in the IB Swagat Das as Special Secretary in the Home Ministry.
  • Former foreign secretary Shyam Saran has been unanimously elected as the new president of the India International Centre (IIC).

About Central Board of Direct Taxes (CBDT):
The CBDT, an administrative body frames policy for the income tax department and the office of member (investigation) supervises the activities of all its wings that undertake search and seizure operations as part of their mandate to check tax evasion.
>> Read Full News

Former IAS officer Dr D J Pandian appointed as DG of NDB’s India Regional Office in GIFT City

New Development Bank (NDB), headquartered in Shanghai, China, has appointed Dr D J Pandian, retired IAS Officer, as the Director-General of its India Regional Office(IRO) in Gujarat International Finance Tec-City(GIFT City), Ahmedabad, Gujarat.

  • Pandian has previously served as the Vice President and Chief Investment Officer of the Asia Infrastructure Investment Bank (AIIB) based in Beijing, China.
  • He has also served as the Chief Secretary of Gujarat.

In May 2022, the NDB (formerly referred to as the BRICS (Brazil, Russia, India, China, and South Africa) Development Bank) announced its plan to open its regional office in India at GIFT City.

The NDB has approved 20 projects in India for about USD 7.2. billion. The IRO will support the implementation of these projects and work closely with Project Implementation Agencies on achieving the desired outcomes.

SCIENCE & TECHNOLOGY

NASA Launches First Rocket from Australian Commercial Spaceport In 27 Years

The National Aeronautics and Space Administration (NASA), the space agency of the United States (US), launched a NASA Black Brant IX suborbital sounding rocket from the Arnhem Space Center(ASC) on the Dhupuma Plateau near Nhulunbuy in Australia.

  • It was the first occasion that NASA had launched a rocket from Northern Territory of Australia in 27 years, since 1995. It was also the agency’s first launch from a commercial spaceport outside of the United States.
  • Two of the three missions will focus on Alpha Centauri A and B, the nearest double-star systems to the Earth, at a distance of 4.3 light-years. The third will study X-rays emerging from the interstellar medium – the clouds of gases and particles in the space between stars.

Note -NASA launched rockets from the Royal Australian Air Force’s Woomera range complex in South Australia in 1995.
Essential Facts:
i.NASA will launch three suborbital sounding rockets in June and July 2022 from Equatorial Launch Australia’s Arnhem Space Center in Australia’s Northern Territory.
ii.The rocket, which blasted approximately 350 kilometres (218 miles) into the sky, carried equipment similar to a “mini-Hubble” telescope.

  • It will enable astrophysics studies that can only be undertaken in the Southern Hemisphere.

iii.The rocket’s payload is an X-ray Quantum Calorimeter, or XQC, experiment from the University of Wisconsin,U.S. The device will be used to measure X-ray light with high precision in order to determine the energy coming from celestial objects.

  • The device will be used by scientists at the University of Michigan to examine the cosmos’ structure and evolution.

Arnhem Space Center, Australia
The Arnhem Space Center will be the first spaceport in Australia to conduct a commercial space launch .It is owned and operated by Equatorial Launch Australia (ELA), which aims to host 50 launches per year by 2024.It is the first and only commercially owned and run equatorial launch site in the world.

  • ELA Executive Chairman and Group CEO – Michael Jones

OBITUARY

Former SAIL Chairman V Krishnamurthy Passes Away At 97 In Chennai

On 26th June 2022, Venkataraman Krishnamurthy, a former chairman of steel Public Sector Unit (PSU) SAIL and Maruti Udyog Ltd (now, Maruti Suzuki), passed away at the age of 97 in Chennai.He was born in a Karuveli village of Tiruvarur district of Tamil Nadu.

  • Krishnamurthy was chairman of SAIL from 1985 to 1990 and was known as the father of PSUs in India.

Highlights:
i.Krishnamurthy was also a former chairman of Indian Institute of Management (IIM) Bangalore and Ahmedabad; Indian Institute of Technology (IIT) Delhi; Xavier Institute of Management, Bhubaneswar; the Centre for Organisation Development, Hyderabad; and also the Technology Information, Forecasting & Assessment Council.
ii.He was a member of the National Advisory Council from 2004-2008, also a Member of the Planning Commission and Secretary to the Government of India (GOI) in the Ministry of Industry.

  • Further, he was also the Chairman of the National Manufacturing Competitiveness Council and held the rank of Cabinet Minister till 2014.

iii.Awards :- Under civil services category, he received Padma Shri (1973) , Padma Bhushan (1986) , and Padma Vibhushan (2007). Japan also awarded him with its highest civilian honour ‘ The Grand Cordon of the Order of the Rising Sun’ in 2009 for his contribution towards the promotion of bilateral economic relations between India and Japan and had earned a reputation of a ‘Turnaround Man’.

IMPORTANT DAYS

International Day in Support of Victims of Torture 2022 – June 26 The United Nations(UN)’s International Day in Support of Victims of Torture is annually observed across the globe on 26th June to create awareness and remind people that human torture is a crime against humanity.

  • The day also calls out the stakeholders to unite in support of the millions of people around the globe who have been the victims of torture.

Background:
i.The United Nations General Assembly(UNGA) adopted the resolution A/RES/52/149 in December 1997 and proclaimed the 26th June of every year as United Nations International Day in Support of Victims of Torture.
ii.The first-ever International Day in Support of Victims of Torture was observed on 26th June 1998. 
>> Read Full News

International Day Against Drug Abuse and Illicit Trafficking 2022 – 26th June The United Nations(UN)’s International Day Against Drug Abuse and Illicit Trafficking is annually observed across the globe on 26th June to strengthen the action and cooperation to achieve the goal of a world free of drug abuse.

  • International Day Against Drug Abuse and Illicit Trafficking is also known as “World Drug Day” (WDD).

The theme of International Day Against Drug Abuse and Illicit Trafficking 2022 is “Addressing drug challenges in health and humanitarian crises”. 
Background:
In December 1987, the United Nations General Assembly(UNGA) adopted the resolution A/RES/42/112 “International Conference on Drug Abuse and Illicit Trafficking”, and proclaimed the 26th June of every year as the International Day Against Drug Abuse and Illicit Trafficking.
About United Nations Office on Drugs and Crime (UNODC):
Executive Director– Ghada Fathi Waly
Headquarters– Vienna, Austria
>> Read Full News

Micro-, Small and Medium-sized Enterprises Day 2022 – June 27 The United Nations (UN)’s Micro-, Small and Medium-sized Enterprises(MSME) Day is annually observed across the globe on 27th June to create awareness about the contribution of small businesses to job creation, economic growth and thriving communities.
The day also aims to highlight the contribution of MSMEs toward the achievement of the UN Sustainable Development Goals (SDGs).

  • 2022 also marks the 5th Anniversary of MSME Day.
  • The global celebration of MSME day is led by the International Trade Centre (ITC).

Background:
The United Nations General Assembly(UNGA) adopted the resolution A/RES/71/279 on 6th April 2017 and proclaimed the 27th June of every year as the Micro-, Small and Medium-sized Enterprises (MSME) Day.
The first ever MSME day was observed on 27th June 2017 
Events 2022:
The Hybrid event of MSME Day 2022 (combining virtual and in-person participation): under the theme “Resilience and Rebuilding: MSMEs for Sustainable Development at the forefront of building back better and stronger from the impacts of the COVID-19 pandemic, Climate crisis and Conflicts” focuses on how purpose-driven MSMEs and social entrepreneurship contributes to inclusive growth.
>> Read Full News

*******

List of Less Important News – Click Here

*****Click Here View – AC Excluded News*****

Current Affairs Today (AffairsCloud Today)

S.no Current Affairs 28 June 2022
1 7th Anniversary of Pradhan Mantri Awas Yojana-Urban celebrated by MoHUA
2 Swachh Bharat Mission- Urban 2.0 launches Revised Swachh Certification Protocols
3 Tata Power Solar Commissions India’s Largest Floating Solar Power Project in Kerala
4 Govt extends GST compensation levy till March 2026
5 Agnipath Scheme: Govt Increased Upper Age Limit to 23 years; Defence Minister approves 10% reservation of jobs for Agniveers
6 Two African Nations Gabon & Togo Join the Commonwealth Group of Nations
7 SEBI gives UPI payment option to Invest in Public Issues of REITs, InvITs; Imposes Rs 30 lakh fine on RIL & 2 of its Compliance Officers
8 RBI Approves SBI’s Establishment of an Operations Support Subsidiary
9 IRDAI reduced Solvency Margin Requirement for General Insurers Doing Crop Business
10 Bajaj Finance & Worldline India Partners for POS Payments
11 CRISIL report: India’s Data Centre capacity to double to 1700-1800 MW by FY25
12 Khushi Patel from United Kingdom Wins Miss India Worldwide 2022
13 Mohammed Jalood became New President of the International Weightlifting Federation
14 Nitin Gupta named as New CBDT chairman; Tapan Kumar Deka is a New IB Chief; Shyam Saran is IIC’s New President
15 Former IAS officer Dr D J Pandian appointed as DG of NDB’s India Regional Office in GIFT City
16 NASA Launches First Rocket from Australian Commercial Spaceport In 27 Years
17 Former SAIL Chairman V Krishnamurthy Passes Away At 97 In Chennai
18 International Day in Support of Victims of Torture 2022 – June 26
19 International Day Against Drug Abuse and Illicit Trafficking 2022 – 26th June
20 Micro-, Small and Medium-sized Enterprises Day 2022 – June 27





error: Alert: Content is protected !!